AXA : AXA remains disciplined and continues to implement its strategy
>The group is capable of coping with the interest rate environment - We organised a road show with AXA’s management in Paris yesterday. The group said that it is not changing its asset allocation and that it is keeping the risk profile of its investments unchanged despite the fall in interest rates. It is therefore not increasing its equity allocation, and the average rating on its portfolio of corporate bonds is “A+â€. On the other hand, it is increasing the share of ...AXA is a holding company. Through its subsidiaries, Co. is engaged in insurance and assets management. Co. operates primarily in Europe, North America, the Asia-Pacific Region and, to a lesser extent, in other regions including the Middle East, Africa, and Latin America. Co. has five operating business segments: Life & Savings, Property & Casualty, International Insurance, Asset Management, and Banking. In addition, various holding companies within the AXA Group conduct certain non-operating activities. As of Dec 31 2013, Co. had total assets of Euro757,143,000,000.
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